Relating to the dissolution of a public utility agency.

SB 1243 allows local governments (like cities or counties) to dissolve a public utility agency by transferring all its assets, debts, permits, and licenses to remaining participating entities through joint ordinances. It directly affects public utility agencies and the local governments that operate them, providing a legal mechanism for reorganization. Key provisions let participating entities add or remove members or fully dissolve the agency while ensuring all obligations and resources are transferred to surviving members. The bill takes effect on September 1, 2025, after being signed by the governor on June 20, 2025.